Company Information

Get to know mcan mortgage corporation

MCAN Financial Group, formerly known as MCAN Mortgage Corporation, is a federally regulated loan and mortgage investment corporation established in 1991. As a public company listed on the Toronto Stock Exchange (TSX: MKP), MCAN's primary objective is to generate a reliable stream of income for its shareholders by investing in a portfolio of Canadian mortgages, including single-family residential, residential construction, non-residential construction, and commercial loans, as well as other types of real estate investments. The company operates as a flow-through entity, distributing its net income and capital gains to shareholders, which makes it a popular choice for income-focused investors.

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mcan mortgage corporation

Canada

Founded in

1991 (35 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.